Forex Strategies
Daily FX Update
The USD is mixed, repeating a familiar theme of a strong GBP and growth currencies but weak Europeans.
FX Daily Majors
Today’s highlights: AUDUSD surges above .9463 to complete a bullish continuation pattern for .9584 – the 38.2% retracement of the entire 2011/2014 bear trend.
UBS Morning Adviser
Even before the FPC, housing momentum was fading but not priced by GBP After the Bank of England announced their recommendations for macro-prudential measures last week,
Daily FX Wrap and Strategy
The NZD/USD trades a little higher this morning, around0.8780. The NZD was fairly directionless over the course of the dayyesterday.
FX Daily Majors
Today’s highlights: GBPUSD has broken higher again to test trendline resistance at 1.7126, with our core target still at 1.7332.
UBS Morning Adviser
Compared to the RBA, the RBNZ has a bigger problem with valuations It is now well in the price of both the AUD and NZD that heading into
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, at 0.8750, this morning. Yesterday’s release of the ANZ business survey for Juneshowed business confidence falling to 42.8 from 53.5previously.
Daily FX Update
A slew of event risk in the next 12‐hours—with quarter‐end rebalancings, China’s PMIs, Japan’s Tankan and the RBA meeting have left markets vulnerable.
FX Daily Majors
Today’s highlights: USDCAD spotlight remains firmly fixed on key medium-term support at 1.0650/00.
UBS Morning Adviser
Adjusted Japanese core CPI decelerates, but energy prices up After adjusting for the effect of the April sales tax hike (subtracting 2.0% points from May CPI and
Daily FX Wrap and Strategy
The NZD was the only major currency not to strengthenrelative to the USD on Friday. It ended the week around0.8780.
Daily FX Update
Markets are favouring risk aversion, but most activity has been relatively muted. Equities are soft, the U.S. 10year yield is at 2.51% and the USD is mixed;